§ 12253.5
75 words·~1 min read·
/ca/corporations-code/12253-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Worker cooperative” or “employment cooperative” means a corporation formed under this part that includes a class of worker-members who are natural persons whose patronage consists of labor contributed to or other work performed for the corporation. Election to be organized as a worker cooperative or an employment cooperative does not create a presumption that workers are employees of the corporation for any purposes. At least 51 percent of the workers shall be worker-members or candidates.